Sun Insurance Office v. Varble
Court of Appeals of Kentucky
Case 103 — PETITION ORDINARY APPEAL EROM JEEEERSON CIRCUIT COURT, COMMON PLEAS DIVISION. 1. Without an express covenant to be so liable the writer of a policy] of insurance on the interest of a reversioner is not compelled to contribute with other policies written on the interest of a tenant for life, or years, of the same property.
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Case 103 — PETITION ORDINARY APPEAL EROM JEEEERSON CIRCUIT COURT, COMMON PLEAS DIVISION. 1. Without an express covenant to be so liable the writer of a policy] of insurance on the interest of a reversioner is not compelled to contribute with other policies written on the interest of a tenant for life, or years, of the same property. May on Insurance, sect 434 and secs. 131, 430 and 436; Howard Insurance Co. v. Scribner, 5 Hill (N. Y.), 298; Royal Insurance Co. v. Roedel, 78 Pa. St., 19; Sloat v. Royal Insurance Co., 49 Pa. St., 14; North British Insurance Co. v. Liverpool & London & Globe…
1Opinion of the Court
JUDGE PAYNTER
delivered the opinion of the court.
In July, 1889, Mrs. Leonora Thruston leased her property on Market street in the city of Louisville, to Octavo Rassinier, for the period of fifteen years. By the terms of the lease Rassinier was to take down the buildings then upon tbe lots, and in their place erect a new building, which was to be at least of tbe value of $8,000. A corporation was organized known as tbe “Rassinier Hotel and Wine Companjr,” to which Rassinier transferred his lease. Pursuant to tbe terms of tbe lease tbe old buildings were re*761moved and a new building was erected of…
2Cases cited2 opinions
- Helburn & Co. v. MoffordCourt of Appeals of Kentucky · 1870
- Redding v. HallCourt of Appeals of Kentucky · 1809
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- Laurenzi v. Atlas Ins.Tennessee Supreme Court · 1915
- Germania Fire Insurance v. BallyArizona Supreme Court · 1918
- Bank v. . Ins. Co.Supreme Court of North Carolina · 1924
- Home Ins. v. KoobCourt of Appeals of Kentucky · 1902
- King & Metzger v. CassellCourt of Appeals of Kentucky · 1912
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